Thursday, August 21, 2008
Monday, August 18, 2008
Investing, By Definition, Is Not Risky
"If you look up "invest" in the dictionary, this is what you'll find:Invest - To commit (money or capital) in order to gain a financial return.
Notice that the work "risk" does not appear anywhere in the definition. Why? Because risk is what people bring to the concept of investing. Not sounding like a Pollyanna, but the truth is that great investors don't think of investing as risky. For them it's not about ignoring risk. Instead, it's about following sound investment principles and models. By doing that, they take the risk out of the game.
Investing like a millionaire real estate investor isn't about taking risk. It is about sound criteria, the patience to find the right opportunity, and the willingness to take the correct action quickly. The best investors know this and are dedicated to following this formula. As a result, they are always minimizing their risk while maximizing their return. Investing can never be absolutely risk free, but it doesn't have to be risky.:"
(This is an excerpt from Gary Keller's book: "The Millionaire Real Estate Investor." Gary Keller is a self made millionaire and founder of Keller Williams Realty International.)
Nationwide Real Estate Investments has a model/formula that we follow: we only buy brand new construction at a certain price range that we know will generate a certain rent range. We prefer the neighborhoods to have HOA (homeowner association) fees, that the addresses in those neighborhoods are eligible for the best local schools and that no more than 10% of the homes in that neighborhood are rental properties. The local markets must possess the basic economic forces that will support strong job growth, population growth, and enjoy an emerging economy with favorable demographics. Our #1 rule - the area can not be saturated with investors!
No matter how great the temptation, by strictly adhering to these guidelines Nationwide Real Estate Investments has reduced your risk as a real estate investor as best we can. Remember the TV commercial with the gentleman stating "we don't process 50 million checks a year; we process 1 check 50 million times?" That is what we do for you. Our investors don't buy 500 homes a year, they buy 1 home 500 times.
Contact us to work with you in putting together your real estate investment portfolio. Remember, you can't win if you don't get in the game!"
Article Source: http://EzineArticles.com/?expert=Denton_Ward | ![]() |
Monday, August 4, 2008
Trump and Kiyosaki Book Missing Details For Real Estate Investors
I just read the introduction of billionaire Donald Trump and millionaire Robert Kiyosaki's new book, "Why We Want You To Be Rich" and I feel horrible for those people who bought the book thinking it would actually teach them how to be rich.
In fact, the book could be some of the most blatant self-promotion I've seen in a long time. I probably should have expected it from Donald Trump (who names just about everything he does after himself), but thought Robert Kiyosaki, co-author of Rich Dad, Poor Dad and several other books, would have known better.
The premise of the book is great... a billionaire and a millionaire get together to share why they want you to be rich and give you insight into how to actually become rich using the same strategies they both used: namely real estate investing.
I mean there have been a lot of new real estate investors resulting from Robert Kiyosaki's books with Dolf De Roos and Donald Trump made his money in real estate investing as well, so it should follow that they'd actually teach you how real estate investing. Nope. Not from what I've seen so far.
Don't get me wrong, the book does have some great information about financial education, some important mental distinctions each one had to make, but as far as the details and "how to" information of investing in real estate (or starting a business of any kind for that matter), it comes up way short.
What a real estate investor who is buying this book needs, in addition to the book, is a good primer course on finding motivated sellers and information about actually investing in real estate. What they need is additional information on the types of marketing to use to get those great deals with $30,000 or more in profit without doing a ton of work or spending thousands of dollars on fruitless marketing.
Coupled with a course that actually teaches some of the "how to" of becoming a real estate investor, I would say that the "Why We Want You To Be Rich" book by Trump and Kiyosaki could be a very valuable addition to your learning library.
James Orr is a professional real estate investor, marketing expert and founder of the LearnToBeRich.com on-line investment game. You can get a free real estate course and fully analyzed real estate deals and his blog by e-mailing him at freerecourse@learntoberich.com or visit the Learn To Be Rich Blog for more great articles and information. Article Source: http://EzineArticles.com/?expert=James_Orr | ![]() |



